Developments in Downstream Energy Regulation in the EU: Accommodating the Changing Role of Energy Consumers
Article from: OGEL 3 (2018), in Energy Union, EU Energy
Downstream regulation of energy markets is, as the name already suggests, largely a domestic affair. Indeed, there is no internationally regulatory regime that provides explicit rules for downstream energy. This is a consequence of the fact that the supply of energy down the stream until the final customer always includes a significant local component. The approach towards downstream energy regulation adopted by the European Union ("EU") provides generally applicable insights into the elements of such regulation and the objectives that it seeks to achieve. The EU has experimented with ...